Answer:
b) $10.000
Explanation:
In order to find the total preferred stock dividend we need to have the rate of the dividend, the par value of the preferred stock and the number of preferred stocks. In this question we are given the rate of the dividend of preferred stock which is 5%, we are also given the par value of the preferred stock which is $10 and we are also given the total number of preferred stock which is 20,000.
To find out how much dividend was distributed to preferred shareholders we need to use the formula
Rate of dividend*par value of stock * number of preferred shares
0.05*10*20,000= 10,000
Answer:
8%
Explanation:
If the current quarterly dividend on preferred stock = $1.60, that means that the current yearly dividend = $1.60 x 4 quarters = $6.40
Since the yearly dividend = $6.40 and the current market price of preferred stock is $80, its expected rate of return = $6.40 / $80 = 8%
Please explain better in comments
Answer:
$3,593.44
Explanation:
The present value (P) of an annuity payment (A) at an annual rate 'r', compounded annually over of period of 't' years, is given by:
![P=A*\frac{1-(1+r)^{-t}}{r}](https://tex.z-dn.net/?f=P%3DA%2A%5Cfrac%7B1-%281%2Br%29%5E%7B-t%7D%7D%7Br%7D)
If payments are $900 each at an 8 percent rate for five years, the present value is:
![P=900*\frac{1-(1+0.08)^{-5}}{0.08}\\P=\$3,593.44](https://tex.z-dn.net/?f=P%3D900%2A%5Cfrac%7B1-%281%2B0.08%29%5E%7B-5%7D%7D%7B0.08%7D%5C%5CP%3D%5C%243%2C593.44)
The present value of the annuity payment is $3,593.44
Answer:
The correct answer is letter "D": Planning.
Explanation:
Planning, among the management skills, represents the ability executives have to outline ways to help companies to achieve their goals. The firms' strategies and how they will allocate their resources to achieve maximum efficiency one of the responsibilities of managers must place special attention to in the planning process.